Indeed, China-U.S. relations have global implications, and this round of China-US trade talks completed last Friday, like any previous rounds, became the center of attention from the media and observers. What progress has been made is what the media want to find out.

Looking ahead, China and US trade relations, whatever the twists and turns, will ultimately return to the track of win-win cooperation and stable growth, benefiting the two nations and contributing to the world’s economic growth as well.

Although some White House officials are playing down the likelihood of the meeting producing a positive outcome, Trump appears to have toned down his intransigence and cracked the door open to a possible deal.

Trump’s steps to quit multilateral international obligations, and initiate a trade war against several countries made it clear that to him, the Republican Party was doomed to lose control of the House.

The story picked up by some Western media has confused the timeline and linked the import expo to current China-U.S. trade tensions. Why does Western media always speculate that there must be certain political ends behind such events, especially when they are intended to benefit all?

As China-proposed Belt and Road Initiative (BRI) extended its footprint, launching investment projects along both the ancient Silk Road as well as across the entirety of Eurasia and Africa, Washington saw an urgent need to counter China’s projection of influence. The BUILD Act is America’s belated response to BRI.

China does not need and will not seek a release of pressure on commodity exports by guiding the RMB to unilaterally depreciate sharply. In fact, this is also unfavorable to China in its efforts to attract foreign investment and enhance its import capacity.